Modern Tire Dealer

NOV 2018

Magazine for the professional tire industry

Issue link: https://mtd.epubxp.com/i/1041008

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M T D N o v e m b e r 2 0 1 8 6 MODERN TIRE DEALER (ISSN 00268496) (CDN IPM #40013413) (USPS #369-170) is published monthly by Bobit Business Media, 3520 Challenger St., Torrance, California 90503-1640. Periodicals postage paid at Torrance, CA 90503-9998 and additional mailing offices. POSTMAS- TER: Send address changes to MODERN TIRE DEALER, P.O. Box 3312, Northbrook, IL 60065-3312. Please allow 6 to 8 weeks for address changes to take effect. Subscriptions in the U.S. and its possessions, $65; Canadian, $99; Int'l surface mail, $99; Int'l airmail, $198. Single copies, $10, except the January Facts Issue, $30. Address all subscription correspondence to MODERN TIRE DEALER, P.O. Box 3312, Northbrook, IL 60065-3312. Please allow 6 to 8 weeks to receive your first issue. Please address Editorial and Advertising correspondence to MODERN TIRE DEALER, 3515 Massillon Road, Suite 350, Uniontown, OH 44685-6217. The contents of this publication may not be reproduced either in whole or in part without consent of Bobit Business Media. All statements made, although based on information believed to be reliable and accurate, cannot be guaranteed and no fault or liability can be accepted for error or omission. For your information: We sometimes make our subscriber information (i.e. fax, e-mail or mailing address) available to carefully screened organizations whose products and services may be of interest to you. If you prefer not to have your information made available, please write MODERN TIRE DEALER, P.O. Box 3312, Northbrook, IL 60065-3312. ModernTireDealer.com DIGITAL RESOURCES FOR THE INDEPENDENT TIRE DEALER Keep tabs on the industry with Modern Tire Dealer on Facebook and Twitter. You'll find breaking news alerts and exclusive content, including photos and news bits when the MTD editors are on the road. Follow MTD and tag along for the journey! Like MTD on Facebook: www.facebook.com/ModernTireDealer Follow MTD on Twitter: www.twitter.com/MTDMagazine @MTDMagazine MTD digital edition You can view the digital version of Modern Tire Dealer's monthly magazine plus archived issues at http://mtd.epubxp.com/t/22225 eNewsletters Sign up now for Modern Tire Dealer eNewsletters. We'll send you the latest news and most popular articles. Go to: www.moderntiredealer.com and scroll to the bottom of the page to sign up. See "Be the First to Know." HOME OFFICE 3515 Massillon Rd., Suite 350 Uniontown, OH 44685 (330) 899-2200, fax (330) 899-2209 Website: www.moderntiredealer.com PUBLISHER Greg Smith, ext. 2212 Greg.Smith@bobit.com EDITORIAL Editor: Robert J. Ulrich, ext. 2211 Bob.Ulrich@bobit.com Managing Editor: Lori L. Mavrigian, ext. 2216 Lori.Mavrigian@bobit.com Senior Editor & Digital Projects Editor: Joy Kopcha, ext. 2215 Joy.Kopcha@bobit.com Senior Editor: Ann Neal, ext. 2218 Ann.Neal@bobit.com PRODUCTION Art Director: Vince Taroc, (310) 533-2547 Vincent.Taroc@bobit.com Production Manager: Karen Runion, ext. 2210 Karen.Runion@bobit.com SALES South and Texas: Greg Smith Greg.Smith@bobit.com (330) 899-2200, ext. 2212 Midwest: Bob Marinez Bob.Marinez@bobit.com (330) 899-2200, ext. 2217 West Coast: Marianne Dyal /The Dyal Company Marianne.Dyal@bobit.com (760) 451-9216 Automotive Aftermarket: Dan Thornton djtinc@gmail.com (734) 676-9135, mobile (313) 410-0945 Classified Sales: Bob Marinez Bob.Marinez@bobit.com (330) 899-2200, ext. 2217 Reprint Sales: Karen Runion Karen.Runion@bobit.com (330) 899-2200, ext. 2210 CUSTOMER/SUBSCRIPTION SERVICE (888) 239-2455, fax (888) 274-4580 bobitpubs@omeda.com EXECUTIVE OFFICE 3520 Challenger St. Torrance, CA 90503 Chairman (1961-2014): Edward J. Bobit CEO & President: Ty F. Bobit Chief Financial Officer: Armand Del Duca VP & COO: Cyndy Drummey Chapter and verse: website readers follow news on ATD reorganization The big news is October was American Tire Distributors Inc. (ATD) filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code. On our website, www.moderntiredealer. com, we reported ATD CEO Stuart Schuette said, "Today we are announcing a positive, intentional and strategic next step as we move forward on a clear and expedited path to strengthen ATD's financial position and continue our successful, game-changing transformation." His letter to ATD associates was the second-most read item on our site. Also, following last month's announcements on price increases from some major tire manufacturers, more followed suit. Here are our top 10 news items. 1. ATD voluntarily files for Chapter 11 reorganization 2. Answers to 31 FAQs about ATD's Chapter 11 filing 3. Goodyear's Rich Kramer takes on 3 hot topics 4. Max Finkelstein and Treadmaxx form Tire Distributors of America 5. Telle Tire makes its first move outside of St. Louis market 6. Black's Tire is recovering quickly after Hurricane Florence 7. ATD enhances its TireBuyer online sales platform 8. Nexen will increase prices up to 6% on Nov. 1 9. Alliance Tire Americas will raise prices on Nov. 1 10. Cooper has a new partner for TBR production in China: Sailun In a letter to associates, Schuette said ATD is "open for business and taking care of our customers and supporting them across all channels, and the consumers they serve." COURTESY OF AMERICAN TIRE DISTRIBUTORS

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